Coin bank



Ndv. 13,1923. 11,473m4 W. D. PENN INGTON ET AL COIN BANK Filed March 11. 1922 2 Sheets-Sheet 1 Nov. 13 1923,

S i:- s 5 5i 2 Sheets-Sheet 2 COIN BANK W. D. PENNINGTON- ET AL Filed March 11 1922 1 u m M u,

Patented Nov. 13, 1923.

entree stares WILLIAM D. PENNINGTON AND JOHN R. PENNINGTON, OF CHICAGO, ILLINOIS.

corn BANK.

Application filed March 11, 1922. Serial No. 542,817.

To all whom it may concern:

Be it known that we, WILLIAM D. PEN- nrno'ron and JOHN R. PENNINGTON, citizens of the United States, residing at Chicago, in the county of Cook and State of Illinois, have invented certain new and useful 'Im provements in Coin Banks, of which the following is a specification, reference being had therein to the accompanying drawing.

Our invention relates to coin banks, and particularly to banks having clocks or other time pieces controlled by the coins.

One 01": the objects of the invention is to provide a simple and practical construction of coin bank.

Another object ofthe invention is to make necessary the deposit of coins from time to time in order to obtain the benefit of the time piece, as for example, to require the deposit of a coin, each time the time piece is wound.

Another object of the invention is to arrange for the deposit of the coins in a separate receptacle or chamber and to arrange for the separation or detachment of this receptacle so that it may be taken to a banking institution, without having to take the entire device.

Another object of the invention is to arrange for the closing and locking of the separable coin receptacle when it is desired to remove it from the bank and for the automatic release of said receptacle to permit its removal when it is closed and locked.

Another object of the invention is to ar range for the easy and ready unlocking and opening of the separable coin receptacle by and oflicer or employee of the banking institution to whom it is taken.

In the drawings:

Figure 1 is a rear elevation of a coin hank embodying our, present invention.

Fig. :2 is a. similar view with the back of the bank removed.

F ig. 3 is view, similarrt'o Fig. 2 with the mechanism in a difierent position.

Fig. 4c is vertical section partly in eleration taken on line 1-4 in Fig. 2.

Figs. 5 and 6 are cross sections taken on lines 5-5 and 66 respectively in Figure 4.

Fig. 7 is a crosssection taken on line 77 in Fig. 6.

Fig. 8 is a detail of construction.

; Referring to the drawings we show a coin bank having a base 1, a, body portion 2 and a back 3 in which latter is a coin slot 4;. A time piece in the form of a small clock is arranged within the body 2 as indicated by the dotted line 5 Figure 1, the front of the bank with the face of the clock not being shown. The clock 5 has a winding stem 6. The back has a vertical slot 7 in which is arranged to work a thumb screw 8, the head 9 of which projects from the rear wall 3 as shown in Figures l and 5. It is preferably arranged so that the clock may be wound by its winding stem 6 only when a coin is deposited in the coin receptacle of the bank and to such a coin slide 10 (Figure 2) is provided, said slide 10 having clips 11-1l to hold the coin in position on said slide 10. The latter is arranged for vertical movement and has a side exten- S1011 12 to which the thumb screw 9 is at tached so that the coin slide 10 may be raised and lowered by means of the thumb screw 9.

A split or divided socket is arranged in connection with the winding stem 6, said socket comprisinga fixed member 13 and a movable member 14. The two together substantially surround the stem 6 and make a socket for a winding key. which socket may be contracted or enlarged to prevent or permit the insertion of a winding key to wind the stem 6. The movable member let is carried by a support 15 pivoted at 16 and having a lever arm 17 the end 18 of which is positioned in the path of a coin carried by the slide 10, so that when the slide 10 is raised the coin carried thereby will strike the end 18 and thereuponswing the member 15 so as to separate the socket member 14 from its cooperating member 13 and thereby open the socket to permit insertion of the winding key to wind the stem 6, spring 19 tends to swing the member 15 always toward the member '13 so as to maintain said winding key socket in a closed condition. The movable member 14 is preferably provided with screw threads 14*. Figure 3. and the winding key is understood to be provided with corresponding threads so that the winding key when inserted in the socketand engaged by threads 14? will move outwardly when turned in a direction to wind the clock by the winding stem 6. The fixed member 13 is preferably blank or unprovided with threads. Thus by the insertion of a coin in the slot as shown in dotted lines Fig. 2, andthen the arates socket member 14 from member 13' thereby permitting insertion of winding key and allowing stem 6 to be turned to wind the clock. This winding movement can occur, however, only after the coin slide 10 .has been lowered sufliciently to cause the deposit of the coin whereupon the member 14: swings back toward member 13 sufliciently to cause engagement 14- with threads on winding key. A. pin is on winding stem 6 and prevents turning of winding stem to wind until member 14; is moved back sufficiently to deposit coin. This engagement of pin 20 to prevent winding is due to said pin engaging member 14 when said member is swung out as shown in Fig ure 3, and release of said pin 20 is caused by recess in said member 14: permitting turning o-fkey 20.

'.I he slight downward movement o l coin slide 10 to deposit coin and allow member 14' to swing toward member 13 and release pin 20 to permit winding operation, affects the deposit of the coin, by reason of the swinging meniber 21 pivoted at 22 Figure 4-. This member 21 has hooks or projections23 adapted to engage the lower edge of the coin when the same has been-lifted by "the coin slide 10. Said members 23 are also adapted to throw or deflect the coin into the coin receptacle through the coin. opening 24 when thecoin slide 10 is lowered slightly from its elevated position after striking and actuating the arm 17. Thus the slight downward movement of the coin and coin slide necessary to permit engagement of winding key and release of winding stem causes the deposit of the coin in the coin receptacle and thus requires a coin to be deposited each time-the clock or time piece is to be wound.

e also provide a separable coin receptacle into which the coins'niay be deposited, which said receptacle is adapted to be bodily moved from the bank so as to permit it to be taken to a. banking institution without havingto take the entire bank with it' This separable ban-k receptacle is preferably provided With 'mea'nsby which it may be closed and docked-preparatory to its removal from the bank and also provides means by which it may be automatically released from the bank to permit its removal when. itis closed and- -loc-lred.

The arrangement shown for aceomplisl-iing these 'results comp rises 'acoin receptacle 25 which is mounted in 'the lower portion of the casing '2 in position to receive coins deposited through "opening 24 as shown in Figure 45 This receptacle 25 1S pf6f81-3-b1y'lll the form of a rectangular box snugly and remova b'ly'r -fitte'd intliebodyot: the l b ank immediately above the base 1, which-base 1 is understood to be detachable by means of suitable locking devices temporarily locking it to the. casing Q, or if desired the base 1 may hedetachably held in position without locking devices. The receptacle 25 has an opening 26 in its top through which coins may enter after passing through opening 24c.

The opening 20 may be closed by a slide 2? and when closed, the coins inserted into the receptacle while same was in position inithe bank, may not'be removed until said slide orcover is opened by an oflicer oreinployee ot' the banking institution to which the coin receptacle is taken. T he receptacle 25-is held. in position inthe bank by means ofa spring catch or loci: 27 which engages an ape-rti'ire 28 in the end wall of-the receptacle 25. Whenthe coverQT ismo'ved in adirection to close it and when it becomes fully closed, the cover act-s agains'tthe inserted end of catch 527 thereby pushing said end out of aperture 28 and unl'ockingthe receptacle 25 which may thereupon be withdrawn from the bank, thebott'om 1 being previously removed to permit such withdrawal. Thus, the closing of cover 27 automatically releases the separable bank receptacle so that it may be removed.

Provision is also made whereby the'closing of cover 27 also 'ahtoniatioally locks said cover so as to -prevent remov al'o-f coins until the bank receptacle 25 is properly-unlocked by an authorized person. This provision conveniently comprises a pair of swinging locking members 30-'30 pivoted at 31 to the underside of cover 27. These members 30 30 have ends 32-32 adapted to enter and engage apertures in "the side walls of the coin box 25-, when theeoverQ'? isnioved suliiciently to close the. coinopeningof said box. A spring 33 interposed between members Ew -30 being normally adapted i to separate the same to'cause their locking engagement with. the coin box. Thus the closure of t-hecoverof the coin box n-oton'ly automatically releasesthe coin bolcfroni the bank to permit its bodily removal, but als'o automatically locks the coin box in closed condition, so that-coins may not be removed from it while it is being transported tothe banking. institution, p

In rder to permit elo sure of thee hex cover 27, we show a small handle or y 35 (Figure 5) and also show apertures in the side wall ofthe bank by which said key-35 may be inserted: so as to permiten s erm-e 36 in its end to engage a pin 37 on the cover 26, ther'eby permitting key -35 to be pulled upon to draw pin 87 so as to cover 27;

' To permit unlocking of coinbo'x 25' at'the banking institution, -anot-her k'ey- 38 is elf" W11 (Figure 6*) havinga.taperin rel-fi led ted to beinserte d between projecting end Pertions 30*-30 on members 30, thereby permitting the members 8030 to be swung toward one another to release their ends 32-32 from the apertures in the side of coin box 25 thereby unlocking cover 27 and permitting same to be slid backwardly to open coin opening 26.

Reference is made to our co-pending applications Serial Nos. 54:1,863 and 541,864 both filed March 7, 1922, for clock banks.

It will be understood that changes and modifications may be made without departing from the spirit of the invention.

What we claim is:

l. A coin bank having a time piece and also having a coin slide and an adjustable socket for the winding stem of the time piece, said socket being provided with means for actuation by a coin in the coin slide, said means consisting of an arm having a projecting portionin the path of the coin in the coin slide.

2. A coin bank having a time piece and also having a coin slide and an adjustable socket for the winding-stem of the time piece, said socket being provided with means "for actuation by a coin in the coin slide, said means consisting of an arm having a projecting portion in the path of the coin in the coin slide, said arm being carried by a swinging member carrying one part of the adjustable socket, said member being subject to a spring tending to force it into a closed position.

In testimony whereof we hereunto aflix our signatures.

WILLIAM D. PENNINGTON. JOHN R. PENNINGTON. 

